Mr. Paul Gallagher:

Well, strong in the sense that, I think, the banks mentioned this. There was a very careful consideration as to whether that was appropriate. There would have been a desire not to include it, if that were possible. And in the end a judgment was made if we omit that, is that going to impair the effectiveness of the guarantee? There's also, I've seen subsequently but I didn't see it, the e-mail which the committee has seen from Mr. McDonagh, I think on 6 October, explaining why it was important to have that included. But I don't remember that particular consideration being raised that night. My recollection is it went more to the effectiveness of the guarantee and people understanding what was included, and also this was a method of providing funding for the banks. That's my understanding.